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by asdfasdfasdf222
869 days ago
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The real issue is Canada's demographic decline. Immigrants were brought in to fill that gap and pay for pensions and other goodies that expect a growing base of tax paying productive workers. We're not getting rid of these people, they will become citizens if they choose to. Personally, I doubt that any announcement by the government will be anything but a temporary hold, to be returned to high levels post-Liberal election victory. All of these people have already been educated (to varying levels of quality) so on paper, they fill out the population pyramid. The problem is the policy driving it is bad. Rather than high-skilled workers, we're letting in low-to-mid-skilled young people. On paper, this plugs the demographic hole. But a lack of planning on infrastructure (housing, etc.) means that prices of those assets has gone through the roof. This has created poor economic incentives to invest in labour intensive industries and housing rather than the innovative, productive part of the economy. What happens when you want to open a software company but can't find workers? Maybe you open a house painting company instead, if the money on offer is high enough. We shouldn't blame the immigrant -- they are trying to improve their lives. But you definitely can blame poor policy. |
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This is not true.
1) Immigrants are not brought in with the goal of topping up the numbers to the existing level, immigrants are being brought in with the intent of tripling the population. See https://en.wikipedia.org/wiki/Century_Initiative whose founders are advisors to the federal government.
2) Canada does not need immigrants to pay for its pensions. CPP and other pension in Canada are well run, invest their money, and don't just route money from young people to old. Rather, they pay the money out from the money already put in.